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Texas feeder steers and heifers sold mostly steady to $5 higher on moderate to good demand, with heavy rains in the Texas panhandle hampering movement. Oklahoma feeders sold $3 to $8 higher, and cash slaughter cattle reached $180 in the south.
Higher auction prices for feeder cattle and cash slaughter cattle reflect tight supplies, which supports cattle values and feed demand in the southern plains.
tscra.orgJaclyn RobertsJun 2, 2023Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Higher feeder and cash slaughter prices at auctions reflected firm physical demand.
